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well-known inequality indices. The same cannot be said, in respect of poverty indices, for the second-order stochastic … dominance criterion for poverty analysis introduced by Atkinson (1987). Indeed, two of the best known poverty indices, the head … provides a more comprehensive coverage of poverty indice. By establishing the relationship between welfare and poverty …
Persistent link: https://www.econbiz.de/10010744956
. Using the Foster-Greer-Thorbecke measure of poverty among pensioners, we find that allowing for implicit claim costs … incurred by benefit recipients raises the measured degree of poverty by not more than 16%. …
Persistent link: https://www.econbiz.de/10005398534
. Using the Foster-Greer-Thorbecke measure of poverty among pensioners, we find that allowing for implicit claim costs … incurred by benefit recipients raises the measured degree of poverty by not more than 13%. …
Persistent link: https://www.econbiz.de/10005628510
We propose a mathematical model of `approximate' interpersonal comparisons of well-being, in terms of an incomplete preorder over a space of `psychophysical states'. We argue that this model is consistent with people's intuitions about interpersonal comparisons, intertemporal preferences, and...
Persistent link: https://www.econbiz.de/10008646797
Poverty and well-being are multidimensional. Nobody questions that deprivations and achievements go beyond income …. There is, however, sharp disagreement on whether the various dimensions of poverty and well-being can be aggregated into a … single, multidimensional index in a meaningful way. Is aggregating dimensions of poverty and well-being useful? Is it …
Persistent link: https://www.econbiz.de/10009246632
The traditional analysis of economic convergence between countries or regions is usually performed by comparing distribution means, such as per-capita income. This kind of analysis, which is intimately related to the economic welfare of a society, presents, however, only a partial approach to...
Persistent link: https://www.econbiz.de/10010711965
Major welfare reform legislation passed the U.S. Congress in August 1996 by a broad bipartisan majority and was signed into law by President Clinton. Almost 10 years and many research articles later, the long-term effects of welfare reform are still being debated.
Persistent link: https://www.econbiz.de/10005246677
Cost-benefit analysis (CBA), as a distinctive tool for public investment projects evaluation laying in the portfolio of the governmental authorities, strives to replicate the market in establishing economic standards for the measurement of their success, while the government’s actions are in...
Persistent link: https://www.econbiz.de/10010965620
The government is rightly concerned with employment generation to make growth inclusive. The use of the open unemployment rate to measure its success, however, is misplaced. In a developing country with a large informal sector and in the absence of unemployment insurance, open unemployment is...
Persistent link: https://www.econbiz.de/10010856166
This paper aims at reviewing some of the main changes in poverty and other measures of economic vulnerability in Spain … result of increasing poverty trends providing a detailed analysis of regional welfare policies. Among the different results …, the weaker role of the family net in the coverage of poverty and the increasing rates of severe poverty –breaking a long …
Persistent link: https://www.econbiz.de/10010860597